The RBA has NEVER done any modelling to determine if reducing government spending would help the economy 🙄

What would happen if we let productive people keep the money they earn, and don't steal it to give it to unproductive people?

The country would thrive

Just look at Argentina. They're smashing it right now.

All central banks are criminal outfits.

They sure are

Take the Federal Reserve in the US It ain’t federal; it’s clients are the banks It has NO “reserves” A bunch of people that print money to buy govt debt.

It doesn't need "modelling", common fücking sense tells you that if you spend less then you don't need as much income to cover any excesses.

Common sense seems to be severely lacking from the RBA. All they contribute is 'interest rate rises, interest rate rises, interest rate rises'

If you don’t investigate the real problem you never have to admit it Just pretend it isn’t real

Glad they haven't done modelling. I wouldn't want to see those hideous beasts strutting the catwalk.

😂😂

@GreenFraudcom But I understand why they haven’t. Why run unrealistic scenarios. It’s not going to happen

@GreenFraudcom Can't argue with that

The rba is too busy working on the really important policies

I’m no economist but all the practical testing I’ve done proves that if you spend less money, you have more money 😃

All "central banks" are in cahoots with the IMF and BIS. They have an agenda and it's not for the betterment of humanity.

100%

Haha, yep

Ffs. We're governed by morons.

Is that like never doing modelling to see how much world climate changes by eliminating the 1% of global emissions? I assume it’s just the vibe

Do they need to? They is a huge body of economic literature and world experience to show high government spending leads to inflation and, as a percentage of GDP, Australia's is high.

And yet instead of suggesting to lower government spending to reduce inflation which is obvious to everyone, they will raise interest rates again next quarter

It is the Labor playbook. Then they will blame everyone except themselves. Straight out of the Dirty Dan repertoire.

Bullock earns 1.2 million per year from the taxpayer. Of course they dont investigate or 'model' government spending because their own jobs might just be held accountable.

Maybe because it's never occurred to them that an Australian govt EVER WANTED to reduce spending But it's not rocket science. If Australia reduces spending, then reduces costs & increases productivity, everyone wins!

Can’t make this sht up 🤣

So essentially it's a 100% marxist institution now

These fuckwits have no clue

On the contrary, they have every clue but if they include government spending reductions it won't allow for the next interest rate rise

There are more than 50 current social spending factors that shouldn’t be included in the inflation calculations. We are being fucked over.

@australiantalk You can’t fix stupid. These can take the win for today. The Government overspend? Surely not.

And why THE FUCK am I not surprised 🤬🤬🤬

.They oversee inflation, and they attempt to control it through interest rates. Legitimate economists will tell you gov’ts and gov’t spending causes inflation. And they’re saying they have modeled the impact of reduced gov’t spending on inflation. Clowns in need of a circus.

How pathetic, every rba announcement about inflation references the excessive government spending. How neglectful to not to crunch the numbers of current, more or less government spending.

Heaven help us…🤦‍♀️

What the hell is going on in this country? Labor chose these people didn't they? That's the only explanation.

Based hen peckers, who even cares to lower spending mate we live in Keynesianist hell

Had anyone ever adequately explained why we need private central banks to print and lend money to governments instead of governments just printing the money themselves? …apart from the obvious reason involving the tiny-hats 😏

Look at the dysgenic, DEI things that speak for the RBA. What a dark timeline.

@RBAInfo is quick to blame house prise rises on inflation but had NEVER looked at Government spending??! Is this a joke?! The RBA can’t blame petrol because every other developed nation, except Australia, inflation is going down. The RBA is protecting Albo / Chalmers. 🤢🤮

This country is run by a bunch of idiotic women.

Albo, Chalmers and Bowen included

Oh my god, these fuckwits are ruining peoples lives and they don’t give a fuck.

Nobody cares. It’s almost as if the government had an endless supply of money…

Basically, idiots appointed by idiots to make idiot assumptions; we must be idiots to let this happen

Of course they wouldn't. The RBA's role is to lend the government the money that they spend.

But Labor did the modelling to show we would save $275, didn’t they?

Why are our RBA 'ministers of finance' looking more and more androgynous every year?